shillllihs
6,093 posts
msg #135415
- Ignore shillllihs |
4/13/2017 2:26:27 AM
PT, I've learned it all comes back to simplicity. Longer term ranges can be determined mostly by
1st, MA.
2nd. CCI
3rd. Acceleration Bands,
but over all monthly MA. Is the simpilist and most reliable.
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shillllihs
6,093 posts
msg #135419
- Ignore shillllihs |
4/13/2017 10:38:55 AM
Went short DWT dgld dslv and a drop of Tvix, and long 20% position Xiv, all for profit.
Will cost average Xiv at key levels have no problem taking loses if it drops to 59, 49 or 43.
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shillllihs
6,093 posts
msg #135426
- Ignore shillllihs |
4/13/2017 3:38:24 PM
Picking a bottom on Xiv will be tough so will add 20% at 59
49 and 40% at 43 if it gets there. That would give me an average of 51 at which point I will stop being a trader and hold until trumps 3rd year where I'll sell it at 125.
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shillllihs
6,093 posts
msg #135431
- Ignore shillllihs
modified |
4/13/2017 6:19:30 PM
Let's see if we bounce off that Weekly MA(21)
If Xiv goes under 50, will SHORT Tvix.
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pthomas215
1,251 posts
msg #135437
- Ignore pthomas215 |
4/14/2017 6:24:27 PM
Shillihs: your opinion... is right now 1) a decent sized pull back in the middle of the continuation of the Bull
or
2) Full on Correction that will go to 20% or so ?
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shillllihs
6,093 posts
msg #135439
- Ignore shillllihs |
4/14/2017 8:20:28 PM
Key levels for Xiv are 62-60 49 43.
This market is not even close to rolling over though I can't tell you how deep it will drop.
I don't believe one can go wrong getting in xiv now as I think one can double their investment in the next
2-3 years. Either buy and forget it or trade around a core.
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pthomas215
1,251 posts
msg #135440
- Ignore pthomas215 |
4/14/2017 10:18:27 PM
yep I agree. i do think the RSI on XIV is pretty low now for a major ETF too. i dont think this market would go from good positive hype to a meltdown.
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shillllihs
6,093 posts
msg #135464
- Ignore shillllihs |
4/17/2017 10:27:09 AM
Xiv will take another dip to 62.
Does not matter to me if it does or not. Win win.
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shillllihs
6,093 posts
msg #135487
- Ignore shillllihs |
4/18/2017 11:52:23 AM
Dust gap up as stated in the past, is always a short. So is every inverse ETF.
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shillllihs
6,093 posts
msg #135488
- Ignore shillllihs |
4/18/2017 12:12:11 PM
Seems like fidelity has been hacked, I can't buy or sell, and on hold 20 minutes.
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